Exemptions from bona fide principal amount of $5,000 or more and $50,000 or more

9 V.I.C. § 884 — under Virgin Islands Finance Lenders.

9 V.I.C. § 884

(a) The following sections do not apply to any loan of a bona fide principal amount of $50,000 or more, or to a duly licensed finance lender in connection with the loan or loans, if the provisions of this section are not used for the purpose of evading: sections 794, 795, 842, 848, 849, 850, and 889, and the sections enumerated in subsection (b).

(b) The following sections do not apply to any loan of a bona fide principal amount of 5,000 or more, or to a duly licensed finance lender in connection with the loan or loans, if the provisions of this section are not used for the purpose of evading: sections 833, 835, 840, 841, 842(a), and sections 844, 858, 860, 861, 863, 864, 865, 873, 880 and 909.